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Bennett County, SD · Sold

SD-509355

8613 County Road 312

$1,544,400
$1,600/ac · 965 ac
Acreage965 ac
Price per acre$1,600/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedMay 14, 2024
Coordinates43.1638, -101.5616
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Bennett County, South Dakota. West River grazing and Black Hills recreational parcels.

View Bennett market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

7,749 ft of deeded road frontage.

Power140 ft away

Power at or near the road.

Buildable area768.36 of 965.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,240,757
$996,855$1,484,658 · $1,286/ac on 965 ac
Asking vs estimate
+24.5%
Priced above the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,544,400
Maximum allowable offer
$709,004
$735/ac · +30.0% target margin

You need $835,396 off asking to hit this margin.

All-in cost$769,269
Net resale$1,141,496
Projected profit$372,227
ROI+48.4%
Annualized+69.2%
Break-even resale$866/ac
Profit if resale lands off target
-20%
$143,927
-10%
$258,077
0%
$372,227
+10%
$486,376
+20%
$600,526
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-529963
Landlocked · Off grid
1499.3Jan 25, 2026$970,1006471,1301.0 mi
81
SD-578019
Dirt · Power at road
366.7Apr 1, 2026$816,9002,2281,6868.2 mi
71
SD-736116
Dirt · Off grid
92.4Jul 27, 2026$147,7001,5999643.2 mi
66
SD-656928
Landlocked · Off grid
166.3Oct 11, 2025$214,5001,2891,1825.9 mi
58
SD-157632
Gravel · Full utilities
277.0May 26, 2025$836,4003,0191,53610.1 mi
57
SD-736122
Gravel · Off grid
92.8Sep 26, 2025$212,9002,2951,23312.0 mi
51
Show adjustment detail for the top comp
  • Tract size (1499.27 ac → 965.15 ac)+14.7%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.